{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{4}{c}}
\toprule
            &\multicolumn{4}{c}{$\Delta$ Credit\textsubscript{b}}           \\\cmidrule(lr){2-5}
            &\multicolumn{1}{c}{(1)}   &\multicolumn{1}{c}{(2)}   &\multicolumn{1}{c}{(3)}   &\multicolumn{1}{c}{(4)}   \\
\midrule
Failure\textsubscript{b}&      -0.797***&      -0.777***&      -0.915***&      -0.982***\\
            &     [0.106]   &     [0.107]   &     [0.185]   &     [0.129]   \\
\midrule
Weighting   &        none   &Capital, 1865   &Trade credit, 1865   &  Size, 1865   \\
N           &          32   &          32   &          32   &          32   \\
Adj. R{$^2$}&       0.406   &       0.494   &       0.335   &       0.515   \\
\bottomrule
\end{tabular}
}
